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Related news & insights - Rebecca Andrews-Walker
Do ‘zombies’ still roam the halls of Companies House?
Posted: 31/10/2023
The term ‘zombie company’ refers to companies which generate just enough cash to operate and service their debt, but not enough to invest in growth. They exist in a form of ‘half-life’. The significant period where the Bank of England’s base interest rate was close to zero, which made borrowing incredibly cheap, allowing companies......>>
Commercial Rent (Coronavirus) Bill: an overview
Posted: 26/11/2021
The government has now published the eagerly awaited Bill to address the backlog of unpaid rent on commercial premises that has accrued during the ongoing coronavirus pandemic. The intention is for it to become law in March 2022......>>
Challenging markets – the risks to directors of energy companies in financial difficulty
Posted: 18/10/2021
The coronavirus pandemic posed a significant challenge to the financial health of businesses across the UK. A sector additionally at the mercy of the markets following the easing of lockdown restrictions is the energy industry, with the wholesale price of natural gas (measured on a pence per therm basis) having risen dramatically......>>
Changes to Covid-related property and insolvency restrictions – the last straw for landlords?
Posted: 18/06/2021
On 16 June 2021 the Government announced its intention to extend a number of the temporary restrictions introduced as a result of the pandemic: the restriction on rent-related forfeiture of business tenancies and commercial rent arrears recovery action (CRAR) by nine months to 25 March 2022...…>>
Breathing space and mental health crisis moratoriums: what do they mean for creditors and debtors?
Posted: 01/06/2021
Suffering with mental health problems and being in financial difficulty are often strongly linked, with one frequently causing or worsening the other. The introduction of The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020...…>>
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